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Federal Reserve official says fighting inflation likely to be 'painful'

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A top Federal Reserve official said Monday that the central bank may have to cause economic pain in the form of higher unemployment to combat stubbornly high inflation.

Read the original report at apnews.com.

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apnews.com

Source headline and summary supplied via Currents News API. First collected by NewsJaws on 2026-09-21. This is an automated news brief, not original NewsJaws reporting. Dates reflect the source publication. Feed delays may apply.

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